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Continuing increase in demand of low housing and slum rehabilitation projects are
opportunity of growth to the Company. The Company is constantly seeking opportunities at
the current juncture.

3. Segment wise performance:

The Company has started its operations and is showing some progress in its operations
during the year under review. The Company has already entered into a Joint Venture
agreement for the purpose of redevelopment of residential project in FY 2015-16. The
Company is constantly striving towards obtaining infrastructure contracts.

4. Outlook:

The Company will focus on making long term strategic investment in new projects.

5. Risk & Concerns:

The Company is exposed to various sector specific risks and generic risks which the
Company understands and hence is encompassing a framework to deal with the risks.

6. Internal control systems and their adequacy:

There is an adequate internal control system commensurate with the size of the Company
and the nature of its business.

7. Strength:

There are professionals and independent Directors on the Board of the Company who are
in the process of developing a strategic roadmap for the Company to tap opportunities in
the sector.

8. Comment on Current years performance:

The Company is constantly striving to seize the opportunities of the infrastructure
sector which offers tremendous opportunities.

The Company at this point of time is earning profits due to income from Non-operational
activities.

The Management of the Company is devising a futuristic and strategic roadmap for the
Company and keeping all operating expenses under tight control.

9. Cautionary Statement:

Statements in this Management Discussion and Analysis Report, Describing the
Companys outlook, projections, estimates, expectations or predictions may be
"Forward looking Statement" within the meaning of applicable securities laws or
regulations. Actual results could differ materially from those expressed or implied.

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